Transportadora de Gas del Sur S.A. Income Statement 2024-2011 | TGS

Brief overview of financial performance at Transportadora de Gas del Sur S.A.

The figures are compared over a five-year interval. Revenue reported by Transportadora de Gas del Sur S.A. was 99.8 billion ARS at the beginning of the period and 1.2 trillion ARS at the end. The cumulative result was +1122.3%, corresponding to roughly 65% per year. Revenue growth reflects a pronounced phase of business expansion.

At the gross-profit level, the result moved from 49.7 billion ARS to 645 billion ARS, a change of +1196.8%. The cost base moved more slowly than the top line, which supported margins. Gross profit as a share of revenue changed from 49.8% to 52.8%. Improving gross profitability strengthens the quality of revenue growth.

The operating result measured by EBITDA moved from 40.6 billion ARS to 560 billion ARS, or +1280%. The operating result outpaced sales and points to improving efficiency. At the operating-margin level, the figure shifted from 40.7% to 45.9%. The business generated more EBITDA from each unit of revenue.

Net income moved from 12.8 billion ARS at the start to 0 ARS at the end. A positive result was not sustained and the period ended with a loss.

The five-year change in capitalization reached +1743.4%: from 961 million ARS to 17.7 billion ARS. A large part of future progress may already be reflected in the valuation.

Conclusion

The five-year picture requires weighing both strengths and weaknesses. The positive side is supported by sales growth, higher operating efficiency and better sales economics. The most visible risks are a weaker final result. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.